Candela Medical (Candela Medical) Debt-to-Equity : 0.32 (As of Jun. 2021)

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What is Candela Medical Debt-to-Equity?

Candela Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.4 Mil. Candela Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $87.5 Mil. Candela Medical's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $276.8 Mil. Candela Medical's debt to equity for the quarter that ended in Jun. 2021 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Candela Medical's Debt-to-Equity or its related term are showing as below:

CDLA's Debt-to-Equity is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.215
* Ranked among companies with meaningful Debt-to-Equity only.

Candela Medical Debt-to-Equity Historical Data

The historical data trend for Candela Medical's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Candela Medical Debt-to-Equity Chart

Candela Medical Annual Data

Trend

Dec19

Dec20

Debt-to-Equity

0.19

0.45

Candela Medical Quarterly Data
	Dec19	Dec20	Jun21
Debt-to-Equity	0.19	0.45	0.32

Competitive Comparison of Candela Medical's Debt-to-Equity

For the Medical Devices subindustry, Candela Medical's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Candela Medical's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Candela Medical's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Candela Medical's Debt-to-Equity falls into.

Candela Medical Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Candela Medical's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(32.452	+	85.756)	/	262.529
	=	0.45

Candela Medical's Debt to Equity Ratio for the quarter that ended in Jun. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.403	+	87.454)	/	276.834
	=	0.32

Candela Medical (NAS:CDLA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Candela Medical Debt-to-Equity Related Terms

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Candela Medical (Candela Medical) Business Description

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